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Conversations with Teressa Frazier

Today we’d like to introduce you to Teressa Frazier. 

Hi Teressa, so excited to have you on the platform. So, before we get into questions about your work-life, maybe you can bring our readers up to speed on your story and how you got to where you are today?
First, thank you for the opportunity to speak with you. I had always worked a full-time job and was an entrepreneur part-time. Always pouring into my four children that multiple streams of income is key to success. For many years I was an event planner part-time in Maryland and Pennsylvania working with my church and others. For 18 years I worked a full-time job with the University of Maryland Baltimore. In 2016 I met with a group of ladies who wanted to start investing in real estate in Maryland. At the time I was still working full time as an accounting manager with the university. I decided at one of our meetings that I would obtain my real estate license and be the realtor for the group. I took a 2-week vacation and during that time completed the real estate classes, took the test a week later, and passed. During that time, I had no idea what I would do next. This was at the end of May 2016. I passed the test on June 5th and decided at that time to step out on faith and retire from my job of 18 years. So, in July I gave notice and on August 31, 2016, I retired from my full-time job at the age of 48. I became a full-time entrepreneur with my real estate license. I had stopped doing event planning for a couple of years and had no intention of going back to doing events. But my knowledge and skill of being able to imagine an event set up in my head before I carried out the vision for the customer shifted from event planning to helping people reach their goal of homeownership. Fast forward over the last 5 years I have been able to not only reach goals as a realtor but also start-up multiple businesses. My god daughter came to me at a birthday dinner and asked if I would come out of retirement and be her event planner for her wedding. What could I say but yes! Then I started doing little dinner parties, birthday parties, and setups for friends and family. With that, I said I wanted to take this to another level so I created a business pristine events to start acquiring fixtures and furniture for people to rent items for events. Also, I started looking for space to hold events. I have always dreamed of having my own event space. In November 2020 I started driving around looking for space. I looked at space on Reisterstown Road in Baltimore but didn’t inquire. I took pictures of the property and just sat and waited. I then talked with my goddaughter who also does event planning and setups in Baltimore and asked if she wanted to partner up and look for event space. Then one of my investors that I helped acquire fix and flip properties and rental properties shared her desire of event space and that she was looking for space as well. So, I called her and asked if she wanted to partner up with myself and my goddaughter to acquire event space. She said yes and asked if her cousin who also was her partner could join as well. The answer was yes! We are all looking for the same thing event space in the same area so why not partner up. So, we started looking for space. My goddaughter sent the group a picture of the same building I looked at in November. Devine intervention at its’ best! We did our research, met with the owner submitted our letter of intent, and waited. On September 8th we signed the lease for our first event space. Our Goal is to have our grand opening in December. Bringing women together to reach their goals in business has been one of my visions. I have partnered with other women over the last two years to bring groups of women together for investing in real estate, A non-profit group to create housing for domestic violence, and teaching women to set up their own businesses. It’s my passion to meet clients where they are in the process of reaching their goals and help them along the way to reach the end result either purchasing a home, building a business, or serving the community.

Would you say it’s been a smooth road, and if not, what are some of the biggest challenges you’ve faced along the way?
It has not been a smooth road. You get discouraged, disappointed, and not sure of yourself. I’m currently going through a divorce and I still encourage and uplift myself, my children, and grandchildren. But with faith, a great pastor to talk to, and your family all things are possible. My pastor, Dr. Jasmin Sculark has encouraged me along the way, poured into me, and prayed me through a lot of the struggles in my life, and for that, I am thankful and truly grateful!

As you know, we’re big fans of you and your work. For our readers who might not be as familiar what can you tell them about what you do?
I have over 18 years experience as an accountant with payroll management. I’m the director of finance at my church as well as an entrepreneur. I specialize in management, design detail, business setup, and strategizing. I’m best known for problem-solving. I’m most proud of my children and grandchildren as I pour into them daily and I see the rewards of god’s favor! Building a legacy one business, home at a time! Being a visionary, dreamer, and goal seeker is what sets me apart as I seek to provide good service!

What are your plans for the future?
I’m working to build an investment portfolio over the next 5 years of 10 properties, multiple locations for event rental space, and making sure each one of my grandchildren own a business when they graduate high school. My first grandchild graduates in 4 years so I have work to do! I’m looking forward to what the future holds for me and my family!

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Image Credits
Belle Imagery Portriats

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